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Early warning of enterprise financial risk based on improved BP neural network model in low-carbon economy

Authors :
Jie Wan
Baochun Yu
Source :
Frontiers in Energy Research, Vol 10 (2023)
Publication Year :
2023
Publisher :
Frontiers Media S.A., 2023.

Abstract

The concept of low-carbon economic development has led to changes in the business environment and financial environment of enterprises, leading to increased financial risks faced by enterprises. How to help enterprises better warn, prevent and control financial risks from the perspective of low-carbon economy has become a hot issue worth studying. Based on this, this paper is based on the perspective of low carbon economy, on the basis of analyzing the financing risk, investment risk, capital operation risk and growth risk faced by enterprises under the requirements of low carbon economy development. A set of financial risk management framework with clear hierarchy and strict vertical logic has been constructed. Ten financial early-warning indicators are constructed from four aspects. The risk prediction model of the indicator system is established using the research method of BPNN (Back Propagation Neural Network). The model is trained and simulated through the MATLAB neural network toolbox. After 10 indicators passed Bartlett’s correlation test, the BPNN financial early warning model was programmed using MATLAB software. The accuracy rate was 84.3%. The neural network training results show that when the layer node is 8, the best correct recognition rate can be obtained. Incorporate “low carbon” into the financial risk early warning indicator system that meets the requirements of low carbon economic development in the design of enterprise financial risk early warning indicators. This paper is expected to provide reference and reference for low-carbon economy enterprises to deal with financial risks under the new situation.

Details

Language :
English
ISSN :
2296598X
Volume :
10
Database :
Directory of Open Access Journals
Journal :
Frontiers in Energy Research
Publication Type :
Academic Journal
Accession number :
edsdoj.6841b0d51054ecca90c4c1c3bcd6bb4
Document Type :
article
Full Text :
https://doi.org/10.3389/fenrg.2022.1087526